Space
Finished area and layout
- Living Area
- 1,048 sqft
- Above Grade
- 1,048 sqft
- Finished Breakdown
- Above 1,048 sqft
- Bedrooms
- 5
- Bathrooms
- 2
+21 more
5
Bedrooms
2
Bathrooms
1,048 sqft
Living Area
348 sqft
Lot
1982
Year Built
Property Snapshot
Key details for this listing
MLS #A2342640
Property
Type, style and structure
- Type
- residential
- Style
About This Property
This 5-bedroom, 2-bathroom single family in Calgary offers 1,048 sqft of living area on a 348 sqft lot. Built in 1982, 1 storey. The property has lot dimensions of 348.00. The home features hardwood and laminate and carpeted flooring, forced air, natural gas, other heating, none, a finished, full, separate entrance, walk-up, suite basement, a fireplace.
MLS Remarks
EXCELLENT REVENUE PROPERTY generating a total of $3,550 per month in rental income, with tenants paying all utilities. This LEGALLY SUITED bungalow in the highly sought-after lake community of Sundance offers an attractive opportunity for investors looking for immediate income from two independent living spaces.The main level offers over 1,000 sq. ft. with three bedrooms, a spacious living room, dedicated dining area, functional kitchen, full bathroom, and its own laundry. Downstairs is a LEGAL two-bedroom basement suite with its own kitchen, full bathroom, laundry, family room with wood-burning fireplace, storage, and separate entrance.With five bedrooms between the two living spaces, this property offers a strong rental configuration with a combined $3,550 PER MONTH in current rental income, while tenants pay all utilities. That means the property is already set up to produce revenue without an owner having to take on the utility costs.Adding even more value is the oversized HEATED DOUBLE DETACHED GARAGE, providing secure parking, storage, or potential additional rental value. Outside is a private south-facing backyard with a fire pit and plenty of room to enjoy the warmer months.Located in one of Calgary's established lake communities, residents enjoy access to Sundance Lake along with nearby schools, parks, playgrounds, pathways, shopping, transit and Fish Creek Park.LEGAL SUITE. $3,550/MONTH IN RENTAL INCOME. TENANTS PAY UTILITIES. FIVE BEDROOMS. TWO INDEPENDENT LIVING SPACES. HEATED DOUBLE GARAGE. LAKE COMMUNITY. Whether you're adding to an investment portfolio or looking for a property with strong existing revenue, 121 Sunbank Way SE delivers an increasingly difficult combination to find in Calgary. (id:60351)
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